Signet (SIG) Gains As Market Dips: What You Should Know

Signet (SIG) closed at $103.38, up 1.25%, outperforming the S&P 500. The jewelry retailer has gained 23.5% over the past month. Analysts expect Q3 EPS of $0.87 (up 38.1% YoY) and full-year earnings of $11.7 per share (up 21.88% YoY). The stock holds a Zacks Rank #1 (Strong Buy) rating with a Forward P/E of 8.72, trading at a discount to industry average.